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Author Topic: Best Trading Site  (Read 1537 times)
atrocityx
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February 14, 2018, 03:54:43 AM
 #21

Hi guys welcome its cryptopia is reliable for trading or bittrex i need a suggestion for trading sites has a good trades

TLDR: I personally think Binance is the best exchange...but it doesn't come with out its flaws..I like alot of different exchanges for different reasons..

Some of the things to measure exchanges on would be

1) Fees - Kind of obvious, you want to not get taken for a ride here.
2) Liquidity - Liquidity is important for especially larger coins because it keeps the price healthy and moving.. stagnant volume can lead to pump and dumps often found on cryptopia (volume sucks, and the coins don't have alot if interest)
3) Layout -  This one I actually don't really like any of them.. bitfinex is the closest.. but almost any of the major exchanges you will have to either use coinigy API for a fee or tradingview to make the charts usuable.. there is a google extension that can be added to bittrex to import tradingview charts.. it looks weird but atleast improves the interface from about a 2 to a 4/10... Binance suffers here too, the interface is non-customizable, the sizing the charts is shotty without a log/auto button.. and it bad color scheme for color blind users.. I personally have to use tradingview's charts in tandem with Binance for it to be usable.
4) Coins that you want are actually there (This is where Binance shines and have stolen Bittrex' thunder.. Bittrex is so hard to get coins added onto that a lot of newer interest and money has loaded up on Binance instead).. You may love Kucoin or HitBTC to death.. but if they don't have 4 or 5 of your top 10 fav coins its going to be hard to use it.
5) Category of the future - decentralized.. this I think will be a huge priority coming up that could become even the top ranked thing in an exchange, but will have to solve the liquidity issue any decentralized exchange does at first (I personally think Loopring can do this for ERC20 tokens, but will need something other than wallet protocols to work for BTC pairs.
6) Ease of use.. is the site confusing.. is it easy to use the wallets/signup... Does it take some level or rocket science to figure out the interface..
Heres my ratings for some major exchanges based off of my most important 6 things to look for for each major exchange... just my opinion.. anyone is free to disagree

GDAX Fees - 10 Liquidity - 10 Layout - 2 Coin Diversity 4 Decentralized 0 Ease of Use - 8
Binance Fees - 9 Liquidity - 10 Layout - 4 Coin Diveristy - 9 Decentralized - 0 Ease of Use - 9
Bittrex Fees - 5 Liquidity - 9 Layout (With Tradingview addon) - 5 Decentralized - 0 Ease of Use - 7
Cryptopia Fees - 4 Liquidity - 3 Layout - 4 Diversity - 6 Decentralized - 0 Ease of Use - 6
Bitfinex Fees - 5 Liquidity - 10 Layout - 6 Diversity -6 Decentralized - 0 Ease of Use 5 (some features are easy, but with added things like margin trading, there will be a learning curve)
Bitmex Fees - 5 Liquidity - 10 Layout 5 Diversity - 4 Decentralized - 0 Ease of User - 5 (same reason as bitfinex. exchange basic functions are straight forward, margin can add some learning curve)
Kucoin Fees 8 Liquidity - 4 Layout - 4 Diversity - 5 Decentralized - 0  Ease of Use 5
Etherdelta  Fees - 8 Liquidity - 2 Layout - 2 Diversity - 9 Decentralized - 10 Ease of use - 1

Hope this helps.

As a wrap up I think all of these exchanges have something to offer.. and you'll probably have to use all of them at some point or another.. I tend to use Binance the most because it ticks the most boxes for things I favor in an exchange.. GDAX for BTC/USD pairs .. I don't trade on margin because I think its risk/reward is too great but if thats something you'd want to dabble in I'd probably recommend Bitfinex over Bitmex.. all of the charting sucks though so just get used to using tradingview instead.
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February 14, 2018, 04:00:53 AM
 #22

The best trading site in my opinion is bittrex, because there are many coins there and have a trusted site, the feature is also good and very easy to understand and of course you can do research about trading sites.
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February 28, 2018, 12:11:30 PM
 #23

Why not just try out multiple exchanges and decide for yourself? Each person has their own preferences. Some wan't better graph UI, some want more coin support, etc. Try em all out, then stick to the one exchange that you feel comfortable using.

https://bittrex.com
https://bitfinex.com
https://binance.com

I agree with you. It's good to try multiple exchanges and make up your own mind grounded on personal experience.
https://cex.io
https://www.cryptopia.co.nz/   
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February 28, 2018, 01:29:41 PM
 #24

It is difficult to compare trading sites with each other, because in my opinion each page will have many shortcomings as well as different risks. But recently I found some good platforms from web trading: binance, bit-z, kucoin, .....
Older websites are still mostly maintained, but there are also many problems. You can find the news related to them on the internet Smiley
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February 28, 2018, 03:05:22 PM
 #25

The best trading site for me is bittrex and for sure your money is safe and you will understand easily how to use this site because the features is good and easy to get. You can make a research about the the different trading site and for sure you will see the best for you.  I hope you choose bittrex because they have listed a lot of coin there and they have mass volume of traders so for sure this site is trusted and better to trade.
Security is one of the need we need to consider on finding the suitalbe trading site on our daily need because it could definitely help us on starting or initially having a form of trading out of our given bitcoin or money to try on and to earn more or to gain profit. I think it is much more better if we will consider also the stock and common fee for us to start on the given site for us to start on.
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February 28, 2018, 03:10:38 PM
 #26

Hi guys welcome its cryptopia is reliable for trading or bittrex i need a suggestion for trading sites has a good trades

It's okay that Poloniex is Bittrex.
But I think that you also try different trading sites so you know what you like and where you want to get your money.
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February 28, 2018, 03:42:32 PM
 #27

For me Cryptopia is my best pick. It is the first site i have known about trading, it is very easy to understand and very reliable in terms of results.

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AUTOMATED CRYPTO TRADING STRATEGIES MADE SIMPLE
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February 28, 2018, 03:59:42 PM
 #28

I think every exchanger has its own advantages so nothing is so good. Sell and save your assets in your personal wallet.
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February 28, 2018, 04:31:46 PM
 #29

I think every exchanger has its own advantages so nothing is so good. Sell and save your assets in your personal wallet.
Good advice, people should save higher amounts in personal wallets. I'm using poloniex in most cases cause they have altcoins I like, my second choice is binance, I registered there cause they have some other altcoins that I wanted to have. I think on this sites anyone can find a lot of good altcoins and great pairs, but there are many new coins and new markets, who want to get some of this coins fast needs to follow that coin and to register on exchange site that first accept that coin. I think too that all exchanges have some advantages, but in the end the best place for keeping some higher amounts is personal wallet. Its sad that no matter how many times we repeat that some people will still save money on exchanges.



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March 03, 2018, 05:38:22 PM
 #30

If you want tranding I suggest you to use bittrex only because the safeguard is better there I guess and the price of coin moves there faster than cryptopia
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March 03, 2018, 06:12:43 PM
 #31

If you want tranding I suggest you to use bittrex only because the safeguard is better there I guess and the price of coin moves there faster than cryptopia

How is that possible? Price is not same everywhere, but price movement is the same, if its dropping its dropping, if it rising its rising everywhere.
This two sites are good, I am registered there, like on many others sites, if you are active trader that trades with many coins there isn't other way, you need to have accounts in exchange that support coin you wish. New coins can't be found on bittrex, but HitBTC and binance support many new coins and its good for people who invest in icos and wish to sell with first rise. All sites are good as long as you have your money in your wallet and you use exchange just when you trade, keep your self safe because nobody else will.

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March 03, 2018, 06:36:41 PM
 #32

In terms of withdrawal fees I think KuCoin does pretty good in that capacity. Binance is still the highest volume though and that turns out to be more important in my opinion.
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March 03, 2018, 08:13:54 PM
 #33

In terms of withdrawal fees I think KuCoin does pretty good in that capacity.
I haven't traded with Kucoin but I'm reading a lot of positive and good comments about them so I might consider them in the future.

Binance is still the highest volume though and that turns out to be more important in my opinion.
They are. For a very short period of time, it became one of the most popular trading platform. But guys you can also try out bitflyer which is on my signature it's going to be one of the biggest trading platform for bitcoin and it has 0% fee until the end of March.
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March 03, 2018, 08:35:28 PM
 #34

If you want to use Cryptopia to trade, it's still fine but the fact that Bittrex is the better one Smiley. Bittrex is faster, much safer and the trading volume on Bittrex is much higher than Cryptopia. Beside there are some bad reports about Cryptopia deposit and withdraw system so I think you should use Bittrex. Moreover you also can use Binance or Bitfinex to trade, these exchanges are also very good.

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March 03, 2018, 11:57:08 PM
Last edit: April 17, 2018, 02:19:36 AM by Husna QA
 #35

Maybe the following reason list can be used as consideration for choosing a trading site:

1. Coinbase.com
Advantages
    Very easy to use
    Lots of old customers
    An online wallet is available

Disadvantages
    A little more work is needed when verifying your account

2. HitBTC.com
Advantages
    Very advanced (the technology)
    Decentralization
    Trusted escrow system for bank transfer

Disadvantages
    Level of IT understanding required

3. Luno.com
Advantages
    An integral part of the trusted Coinbase brand
    Optimized to be a serious trading site

4. Poloniex.com
Advantages
    The most popular crypto exchange
    Good margin trading (up to 4x) is available in the largest altcoin
    One of the best trading interfaces for mobile and desktop browsers
    Has the best volume for all major altcoins including Ethereum.

Reference :
http://www.adigunawan.id/2017/06/situs-bursa-bitcoin-exchange-terbaik-dan-terpercaya-didunia.html

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March 04, 2018, 07:41:58 AM
 #36

Why not just try out multiple exchanges and decide for yourself? Each person has their own preferences. Some wan't better graph UI, some want more coin support, etc. Try em all out, then stick to the one exchange that you feel comfortable using.

https://bittrex.com
https://bitfinex.com
https://binance.com

yeah those are greats but i would change the rank , binance the first , bittrex has so many issues , one of them is limitation withdrawal!so it goes the second
bitfinex is good just doesn't have enough coins.


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Reid
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March 04, 2018, 09:33:25 AM
 #37

Bittrex and poloniex. Trusted, popular and have been trading for a long time.

Binance. Popular, new but a lot of traders is in so it wont be hard to buy or sell.

You will just have to pick with those three. Easy in and out with average transaction fee specially poloniex.
mkhadazz
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March 04, 2018, 09:40:53 AM
 #38

Hi guys welcome its cryptopia is reliable for trading or bittrex i need a suggestion for trading sites has a good trades

in my opinion bittrex is a very good and convenient trading option because the security there is also well tested and not only that daily trading volume in bittrex is also very big and coin in bittrex is also very much his choice but if I may suggest at this time I see there is a market new ones that are likely to beat bittrex and cryptopia, the redeem market I mean is binance.
rokon123
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March 04, 2018, 01:30:52 PM
 #39

Both sites is good.now i'm useing both site for trading.my first trade was cryptopia and then useing bittrex.
samcrypto
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March 04, 2018, 01:58:55 PM
 #40

Bittrex and poloniex. Trusted, popular and have been trading for a long time.

Binance. Popular, new but a lot of traders is in so it wont be hard to buy or sell.

You will just have to pick with those three. Easy in and out with average transaction fee specially poloniex.

These three are still top exchanges when it comes to volume of transactions but if you want lower fees go for poloniex, its easy to use but of course don't expect for a zero risk since cryptomarket are full of risk.

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